MineralTree
Payment processing software
Accounts payable automation software
Enterprise payment software
Invoice management software
Payment software
Accounting & finance software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
Take the quiz to check if MineralTree and its alternatives fit your requirements.
Contact the product provider
Free Trial unavailableFree version unavailable
Small
Medium
Large
- Agriculture, fishing, and forestry
- Professional services (engineering, legal, consulting, etc.)
- Real estate and property management
What is MineralTree
MineralTree is an accounts payable automation platform that helps finance teams capture invoices, route them for approval, and execute supplier payments. It is used by mid-market organizations that want to reduce manual AP work and improve payment controls and visibility. The product combines invoice intake (including OCR), approval workflows, and payment execution (ACH/check/virtual card) with integrations to common accounting/ERP systems.
End-to-end AP to payment
MineralTree supports invoice capture, coding, approvals, and payment execution in one workflow. This reduces handoffs between separate invoice and payment tools. It also helps standardize processes across departments by keeping approvals and payment status in a single system.
Controls and auditability
The platform provides configurable approval workflows and role-based permissions to support internal controls. It maintains an audit trail of invoice actions and approvals, which helps with reviews and compliance-oriented processes. Centralized visibility into invoice and payment status can reduce duplicate payments and missed approvals.
Accounting/ERP integrations
MineralTree is designed to integrate with common accounting and ERP systems used by mid-market finance teams. Syncing vendors, GL coding, and payment status reduces rekeying and reconciliation effort. Integration-centric design is important in this category where finance teams typically keep the general ledger in a separate system.
AP-focused scope
MineralTree primarily addresses accounts payable and supplier payments rather than broader order-to-cash or customer billing workflows. Organizations looking for a single platform that covers CRM-led commerce, subscriptions, or customer invoicing may need additional systems. This can increase overall integration and administration effort outside AP.
Implementation and change management
AP automation requires configuring approval policies, user roles, and accounting mappings, which can take time to implement. Invoice capture accuracy and workflow adoption often depend on supplier invoice quality and internal process discipline. Teams should plan for onboarding, training, and iterative tuning after go-live.
Cost fit for smaller teams
The product is generally positioned for organizations with enough invoice volume and control requirements to justify automation. Smaller businesses with low invoice counts may find the per-user, per-entity, or transaction-related costs harder to justify versus lighter-weight tools. ROI typically depends on volume, complexity, and the value placed on controls and audit trails.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| No public list (Custom quote) | Custom pricing — contact MineralTree for a quote | MineralTree does not publish tiered/self-serve prices. Pricing is all‑inclusive and based on invoice & payment volume (fixed monthly or annual fee); no per‑user fees, transaction fees, or workflow configuration fees stated in FAQs. International wire fee: $20 per transaction (waived for currency conversions $5,000+). Contact sales for minimums, onboarding fees, and exact rates. |
Seller details
MineralTree, Inc.
Boston, Massachusetts, US
2010
Private
https://www.mineraltree.com/
https://x.com/mineraltree
https://www.linkedin.com/company/mineraltree/
